Property summary
This exceptional Class A, two-story single-family home located at 20504 Front Beach Rd, Panama City, FL 32413, presents a lucrative investment opportunity. Boasting 2,180 square feet on a 7,200 square foot lot, this fully remodeled (2024) property offers unparalleled beachfront living. The asking price is $1,897,000, translating to a compelling price per square foot of $870.18 and a remarkable price per unit given its single-unit configuration. Projected net operating income (NOI) stands at $175,000, yielding a strong 9.23% capitalization rate. This net lease investment is ideal for discerning buyers seeking high returns in a prime location. The property's superior condition and desirable beachfront location in Bay County ensure strong rental demand and potential for significant appreciation. Don't miss this chance to acquire a high-performing asset in a thriving market. This is a turnkey investment ready to generate immediate income.
Property profile
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Value estimations
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Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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